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30 Mar 2011, 3:49 pm
A federal judge in Chicago on Wednesday dismissed a lawsuit brought by black brokers at Merrill Lynch who claimed that they were paid bonuses that were lower than white brokers' when Bank of America acquired the firm, Jonathan Stempel of Reuters reports. [read post]
30 Mar 2011, 8:55 am
Citigroup and Bank of America, however, took the third approach. [read post]
30 Mar 2011, 1:43 am
Skadden represented Bank of America and Merrill Lynch in the two derivative suits. [read post]
29 Mar 2011, 6:43 pm
Related Web Resources: Uncle Sam Wants Your Cash, Not Confession: Ann Woolner, Bloomberg, March 24, 2011 US Securities and Exchange Commission More Blog Posts: Bank of America to Pay $137M Over Alleged Investment Scam To Pay Municipalities Low Interest Rates on Investments and $9M Over Alleged Bid-Rigging Scheme to Nonprofits, Institutional Investors Securities Blog, December 16, 2010 NJ Settles Municipal Bond Offering Fraud Charges with SEC, Institutional Investors… [read post]
29 Mar 2011, 3:00 pm
Heller Ehrman Settles With Bank of America, Citibank | AmLaw Daily – What’s interesting here is that this is fixing a huge mistake by BofA, which terminated its security interest, allegedly by accident. [read post]
29 Mar 2011, 9:45 am
The city already borrowed it long ago under one of its shadowy lines of credit (probably with its favorite bank buddies, Bank of America) and burned it on this: The new bonds are just to pay down the lines of credit with a permanent loan. [read post]
29 Mar 2011, 6:43 am
Bank of America said the cases were "hasty. [read post]
29 Mar 2011, 5:36 am
Glenn Schiffman, the head of Nomura Holdings' investment banking for the Americas and a former Lehman Brothers banker, is leaving the firm. [read post]
28 Mar 2011, 6:05 pm
In America, the blackout happens, and stores get looted. [read post]
28 Mar 2011, 3:40 pm
28 Mar 2011, 1:52 pm
The Independent Community Bankers of America support legislation to replace the Director of the Consumer Financial Protection Bureau with a five-member Commission modeled on the SEC and FTC. [read post]
28 Mar 2011, 1:25 pm
Bank trust departments are an important class of institutional investors, but are unlikely to emerge as activists because their parent banks often have or anticipate commercial lending relationships with the firms they will purportedly monitor. [read post]
28 Mar 2011, 12:46 pm
Bank of Commerce of El Dorado, Ark. v. [read post]
28 Mar 2011, 7:34 am
(Is Brian Moynihan admitting that Bank of America is engaged in unfair acts and practices by engaging in principal reduction mods?) [read post]
28 Mar 2011, 1:29 am
In September 2009, Judge Rakoff initially refused to approve a $33 million settlement between the SEC and Bank of America relating to shareholder communications by Bank of America prior to its takeover of Merrill Lynch. [read post]
27 Mar 2011, 7:30 pm
"The regulators' awareness of some of the threats is positive, and what they are trying to do on the business banking side is good," says former Bank of America executive David Shroyer, now a partner at risk assessment provider Fraud Red Team. [read post]
26 Mar 2011, 11:02 am
The Time-Union reports that Bank of America accused the couple of failing to return the paperwork. [read post]
26 Mar 2011, 10:54 am
In case you didn’t learn this in school, debtor’s prison was abolished in America in the 1830? [read post]
26 Mar 2011, 12:49 am
Aurora Bank of America Carrington Chase Citi GMAC/Homecomings HSBC Lender Business Processing Services Litton Ocwen One West Bank PNC/National City Saxon Select Portfolio Servicing SunTrust US Bank Wells Fargo/Wachovia Local, HUD-approved nonprofit counseling organizations onsite include: Affordable Housing Centers of America Arizona Latino Commission Chicanos Por la Causa Community Housing Resources of Arizona Community Services of… [read post]
25 Mar 2011, 6:29 pm
Bank of Americas own employees mentioned red flags, knew it was wrong and pointed that out, but Bank of America executives apparently ignored them potentially harming homeowners who came to them for help. [read post]
